$12,350,000

101 CEDAR CROSSING, Salisbury, MD 21804

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

Cedar Crossing is a well located student housing portfolio for sale and has attractive assumable debt. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added. The portfolio consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washers and dryers. Addresses include: (units listed in the 'portfolio properties' are only 2 of the 58 total, see below for addresses:) 101-207 Cedar Crossing Rd.

Listing Status:
Active
Date Added:
April 26, 2023 at 05:00AM
Listing Office:
Rinnier Development Co : 4107428151
Listing Agent:
William Rinnier : 4107428151
MLS ID:
MDWC2009316
  • A/C: Other
  • Heating: YHeat Pump(s)Other
  • Disability Feature: Level Entry - Main

This listing courtesy of William Rinnier, Rinnier Development Co

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Prince Street School

400 Prince St, Salisbury, MD, 21804

Grades PK-5

0.93 miles away

W

Wicomico Middle School

635 E Main St, Salisbury, MD, 21804

Grades 6-8

1.63 miles away

J

James M. Bennett High School

300 E College Ave, Salisbury, MD, 21804

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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